Palladium May Rise to $1,200/ Ounce in 2013, Credit Suisse Say

Bloomberg.com reports that both platinum and palladium are expected to rise significantly by 2013, according to the Credit Suisse.

The story is quoted as saying:

The metals used in auto catalysts are “two of the tightest and structurally attractive industrial commodities over the next five to 10 years,” Credit Suisse said in the report dated today. Shortages will widen over the next three years and there is a “strong argument to be made for owning the underlying physical commodities over the equities,” it said

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